People spend a lot of money on various things as they earn more money nowadays than before. Is it a positive or negative development?
It is commonly seen that the number of expenditure increasing by contrast the past. Some people argue that this trend create to overall consumer and materialism society so that individuals should save up their income. I strongly disagree with this opinion as I think that people purchase something to better quality of life.
First and foremost, spending is an effective method to meet people’s demand. Of course, a few employees work towards their goals and dreams but these days, a good number of workers are seen to just go to workplace in order to their salary. Consequently, in this process, they always live under the pressure and exhausted so that they desire something in order to change their life vibrantly and positively. In this respect, an appropriate and healthy expenditure life might could alleviate banal daily life.
Secondly, economy of local society and country can be active from people’s expend. If individuals do not longer more spend, it causes increase the rate of unemployed. This is because, the shops, restaurants’ income drop the hit and then the people who run a store can not give wages to employees who spend their salary. With this continuous trend, local economy would not be stable and variable. Furthermore, overall tendency of a country also experiences a considerable slump due to the lack of currency and the standard of price would recorded more and more high rate.
In conclusion, expenditure has a positive impact that would be lively and active on individuals, local societies and countries.
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